EIA NG STORAGE REPORT | July 21, 2023

July 20, 2023

Dear , The EIA reported a +41 bcf injection, 7 bcf lower than our call of +48 bcf and 2 less than Bloomberg’s median estimate of +43 bcf. Our models are currently showing storage activity of +20, +12, +13, +36, +42, and +52 bcf over the next six weeks for a total of +175 bcf, compared to +235 bcf for the same period last year and the five-year average of +255 bcf.


EIA NG STORAGE REPORT | July 14, 2023

July 13, 2023

Dear , The EIA reported a +49 bcf injection, matching our projection and 1 bcf less than Bloomberg’s median estimate of +50 bcf. Our models are currently showing storage activity of +54, +29, +32, +37, +46, and +51 bcf over the next six weeks for a total of +250 bcf, compared to +210 bcf for the same period last year and the five-year average of +248 bcf.


EIA NG STORAGE REPORT | July 10, 2023

July 07, 2023 (Correction)

Dear , Note: The latest publication includes the corrected US and Canadian storage charts/tables for the reference week on page 2-17. The EIA estimated that the implied flow for the reference week was a build of +68 bcf in the Lower 48 states. That compares to our call and Bloomberg’s median forecast of +65 bcf. However, with 4 bcf base gas being reclassified as working gas in the Non-salt South Central region, the EIA reported a net working gas inventory change of +18 bcf in that region and a t.....


EIA NG STORAGE REPORT | June 09, 2023

June 08, 2023

Dear , According to the EIA’s estimates, the implied flow for the reference week is a build of +118 bcf. That compares to our call of +117 bcf and Bloomberg’s median forecast of +116 bcf. However, as +14 bcf injected into the non-salt region was reclassified as base gas from working gas, the EIA reported a net working gas inventory change of +104 bcf. Our models are currently showing storage activity of +108, +97, +67, +52, +48, and +31 bcf over the next six weeks for a total of +403 bcf, com.....


EIA NG STORAGE REPORT | June 01, 2023

June 01, 2023

Dear , The EIA reported a +110 bcf injection, 2 bcf more than our call of +108 bcf and 3 bcf higher than Bloomberg’s median estimate of +107 bcf. Our models are currently showing storage activity of +119, +106, +79, +65, +54, and +47 bcf over the next six weeks for a total of +470 bcf, compared to +471 bcf for the same period last year and the five-year average of +469 bcf.


EIA NG STORAGE REPORT | May 26, 2023

May 25, 2023

Dear , The EIA reported a +96 bcf injection, 3 bcf more than our call of +93 bcf and 5 bcf less than Bloomberg’s median estimate of 101 bcf. Our models are currently showing storage activity of +107, +117, +104, +72, +64, and +54 bcf over the next six weeks for a total of +517 bcf, compared to +496 bcf for the same period last year and the five-year average of +514 bcf.


EIA NG STORAGE REPORT | May 19, 2023

May 19, 2023

Dear , The EIA reported a +99 bcf injection, 7 bcf less than our call of +106 bcf and 9 bcf less than Bloomberg’s median estimate of 108 bcf. Our models are currently showing storage activity of +96, +101, +86, +70, +65, and +56 bcf over the next six weeks for a total of +475 bcf, compared to +520 bcf for the same period last year and the five-year average of +547 bcf.


EIA NG STORAGE REPORT | May 12, 2023

May 11, 2023

Dear , The EIA reported a +78 bcf injection, 2 less than our call of +80 but matching Bloomberg’s median estimate. Our models are currently showing storage activity of +104, +113, +110, +106, +100, and +93 bcf over the next six weeks for a total of +629 bcf, compared to +526 bcf for the same period last year and the five-year average of +559 bcf.


EIA NG STORAGE REPORT | May 06, 2023

May 05, 2023

Dear , The EIA reported a +54 bcf injection, 3 less than our call of +57 but 2 bcf greater than Bloomberg’s median of +52 bcf. Our models are currently showing storage activity of +80, +119, +111, +110, +108, and +102 bcf over the next six weeks for a total of +629 bcf, compared to +526 bcf for the same period last year and the five-year average of +559 bcf.


EIA NG STORAGE REPORT | April 27, 2023

April 27, 2023

Dear , The EIA reported a +79 bcf injection, equal to our call and 3 bcf greater than Bloomberg’s median of +76 bcf. Our models are currently showing storage activity of +55, +67, +86, +93, +97, and +100 bcf over the next six weeks for a total of +498 bcf, compared to +504 bcf for the same period last year and the five-year average of +552 bcf.